Agricultural Tractors Bounty

No. 86 of 1970

An Act to amend the Agricultural Tractors Bounty Act 1966.

[Assented to 26 October 1970]

BE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title and citation.

1.—(1.) This Act may be cited as the Agricultural Tractors Bounty Act 1970.

(2.) The Agricultural Tractors Bounty Act 1966 is in this Act referred to as the Principal Act.

(3.) The Principal Act, as amended by this Act, may be cited as the Agricultural Tractors Bounty Act 1966–1970.

Commencement.

2. This Act shall come into operation on the day on which it receives the Royal Assent.

Definitions.

3. Section 3 of the Principal Act is amended by inserting after the definition of “the Comptroller-General” the following definition:—

“‘the terminating date’ means the thirtieth day of June, One thousand nine hundred and seventy-two, or such earlier date as is fixed by Proclamation for the purposes of this definition;”.

Specification of bounty.

4. Section 4 of the Principal Act is amended by omitting the words “thirtieth day of June, One thousand nine hundred and seventy-one” and inserting in their stead the words “terminating date”.

5. After section 6 of the Principal Act the following section is inserted:—

Additional bounty.

“6a.—(1.) This section applies to a tractor—

(a) that was manufactured at premises that, on the first day of July, One thousand nine hundred and seventy, were registered premises;

(b) that, on or after that date, was sold for use in Australia or a Territory of the Commonwealth not forming part of the Commonwealth; and

(c) in respect of which bounty is payable.

“(2.) In addition to the amount of bounty payable under the last preceding section in respect of a tractor to which this section applies, there is also payable in respect of the tractor an amount of bounty equal to the amount payable under that section.”.